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 Africa presents many challenges to doing business, but to those who are willing to learn and understand the intricacy of the Continent many benefits await www.africaglobalvillage.com

Africa Investments 

African Development Bank Group appoints Ahmed Rashad Attout as Acting Director of the Financial Sector Development Department

Elwin Mandowa,
The African Development Bank has appointed Ahmed Rashad Attout as Acting Director, Financial Sector Development Department, effective 1st December 2022. A seasoned and results-oriented banker, Attout, an Egyptian citizen, has over 23 years of banking experience in Africa and the Middle East and is currently the Manager of the Capital Markets Development Division. He has a special focus on capital… Read More
Africa Investments 

Unlock the impact potential of agricultural SMEs in Africa, experts urge at Dakar 2 Food summit

Elwin Mandowa,
  L-R: Allan Kasujja, Moderator; Admassu Tadesse, president and CEO, Eastern and Southern African, Trade and Development Bank; Danladi Verheijen, Co-founder and CEO, Verod Capital; Mr. Malick Ndiaye, CEO, Banque Agricole; Dr. Olagunju Ashimolowo, Vice President, Operations, ECOWAS Bank for Investment and Development; Mr. Wagner Albuquerque de Almeida, Global Director for Manufacturing, Agribusiness and Services, International Finance Corporation. Global experts… Read More
Africa Business West Africa World 

Sierra Leone: New customary land laws giving more to rural landowners

Elwin Mandowa, , , , , , ,
A $476 million investment into Sierra Leone’s iron-ore-rich Northern Province offers new hope that rural communities will reap the rewards of the region’s considerable mineral deposits. The challenge for this West African nation has always been striking a win-win-win deal where investors, local communities, and the central government profit. Under the new deal, Arise Integrated Industrial Platforms Limited (Arise IIP)… Read More
Africa Investments 

African economies remain upbeat despite multiple shocks, says African Development Bank VP Urama

Elwin Mandowa,
African economies remain resilient despite experiencing multiple shocks, with 53 out of 54 African countries seen maintaining positive growth and a stable outlook for the 2023/24 period, the African Development Bank has projected. Prof. Kevin Urama, Acting Chief Economist and Vice President for Economic Governance and Knowledge Management at the bank, said that with Africa’s abundant natural capital, massive youthful… Read More
Africa Investments 

Sharm El Sheikh gets ready for the African Development Bank’s Annual Meetings

Elwin Mandowa,
After successfully hosting COP27 in November 2022, the Egyptian resort city of Sharm El Sheikh is preparing for the African Development Bank Group’s Annual Meetings in May. A preparatory mission to Cairo and Sharm El Sheikh led by the Bank’s Secretary General Vincent Nmehielle expressed satisfaction with the progress made to date towards the organization of the meetings, to be held from… Read More
Development Health Advice 

UN General Assembly hears call for worldwide pandemic warning system

Global Author
Participants in a panel headlined, Challenges and Opportunities in Creating an Early Warning System for Global Pandemics, on Tuesday warned that we are witnessing the dismantling of essential infectious disease monitoring programmes, at a time when climate change is driving greater risks to public health. “Any platform will need to include data from outside of traditional public health epidemiology, specifically about… Read More
Africa Business World 

Energy transition policies and regulatory developments light up across Africa

Elwin Mandowa, , , , , ,
Energy transition is a key topic of discussion at the African Mining Indaba, in Cape Town, South Africa. Across the continent, countries in Africa are gearing up for energy transition by implementing policy and legislative frameworks that take into account the energy crisis and the need for a renewable, decarbonized, decentralized energy supply that addresses climate change and the commitments… Read More
Africa Business Nigeria News and Headlines West Africa World 

Nigeria: Court halts deadline to swap banknotes amid chaotic scenes

Elwin Mandowa, , , , , , ,
Nigeria’s Supreme Court has halted the government’s plan to enforce a Friday deadline for citizens to swap old banknotes for new ones. The government had expected Nigerians to turn in old 1,000, 500 and 200 naira banknotes in exchange for newly designed notes by Friday. The central bank wanted the initiative to curb cash in circulation and control double-digit inflation.… Read More
Africa Investments 

Ireland and Austria join Africa Climate Change Fund as donors with an initial €3 million contribution

Elwin Mandowa,
Ireland and Austria have joined the African Development Bank’s Africa Climate Change Fund (ACCF) with contributions of €2 million and €1 million, respectively, to support the Fund’s work. The ACCF is a multi-donor trust fund that backs the African Development Bank Group’s target of tripling its climate financing and advancing Africa’s climate resilience. Harald Waiglein, Director General at Austria’s Federal… Read More
Development Health Advice 

Slamming ‘big formula milk companies’, WHO scientist calls for swift clampdown to protect nursing mothers

Global Author
“This new research highlights the vast economic and political power of the big formula milk companies, as well as serious public policy failures that prevent millions of women from breastfeeding their children,” said Nigel Rollins, one of the authors of a series on the $55 billion-a-year industry and their marketing “playbooks”, published in the peer-reviewed medical journal The Lancet. “Actions… Read More
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